Harmony Gold Mining (HMY) – Strong Growth & Rising Profitability

Company Overview:
Harmony Gold Mining HMY continues to outperform expectations, delivering higher grades, cost efficiency, and production expansion.

Key Catalysts:

High-Quality Gold Extraction ⛏️

Underground recovered grades surged to 6.4 g/t, exceeding full-year guidance.

Reinforces HMY’s ability to extract high-quality ore.

Cost Efficiency & Rising Gold Prices 📈

All-in sustaining costs at ZAR 972,000/kg, well-managed despite inflationary pressures.

Gold’s safe-haven demand surging due to geopolitical tensions, boosting HMY’s margins.

Expansion & Future Growth 🚀

New high-grade mining site announced, set to enhance future production & revenue growth.

Investment Outlook:
Bullish Case: We remain bullish on HMY above $10.50-$11.00, supported by cost control & rising gold prices.
Upside Potential: Our price target is $17.00-$18.00, driven by high-margin production & increasing investor interest in gold.

🔥 HMY – Unlocking Gold’s Full Potential. #HMY #GoldMining #SafeHavenAsset